Oil Blocks


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A Brief Insight: Guyana, Suriname And French Guiana

As Saudi Arabia and Russia dig in their heels and prepare for extended trench warfare over oil prices, the important questions now are: how long will this last, and what (or who) can bring these friends-turned-foes back to the negotiation table? Saudi Arabia's ultimate goal is to have steady oil ...

Hui Shan


Posted 5 months agoLink > GOMGulf Of MexicoOil Blocks +7

Current US Drilling Trends and Future Oil Production

Looking at the data of active US oil rigs available from Baker Hughes – which is taken as a proxy for the level of upstream activity in the country – and the US crude production numbers from the EIA shows an evident lag between the two indicators. Between December 2016 and December 2017, when the ...

Hui Shan


Posted 9 months agoLink > GOMGulf Of MexicoBureau of Ocean Energy Management +7

Building a prosperous and free Somalia through the Rule of Law

Opinion article by His Excellency Abdirashid Mohamed Ahmed, The Minister of Petroleum & Mineral Resources of The Federal Republic of Somalia As Dwight D. Eisenhower said: “The clearest way to show what the rule of law means to us in everyday life is to recall what has happened when there is no r ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 year agoOpinion > SomaliaLawOil Blocks +5

The Gulf of Mexico Keeps Drawing Interest

Of that (relatively large) portion, a fraction was leased in the recent US Gulf of Mexico Lease Sales 253. The results of the US Gulf of Mexico Lease Sales 253 shows that the industry is cautiously optimistic that this won't happen. Main Bids for US Gulf of Mexico Lease Sale 253

Hui Shan


Posted 1 year agoLink > GOMGulf Of MexicoBureau of Ocean Energy Management +7

New Era, or Same Old Game in Indonesia’s Upstream Sector

Last week, Indonesia announced five winning bids in the 2017 oil and gas block tender. The Energy Ministry declared this as a ‘new era' in Indonesia's upstream industry. But is it really? Is it a brand new era promising success, or is it a sign of deeper problems in the industry that have still not ...

Easwaran Kanason


Posted 2 years agoOpinion > oil priceIndonesiaOil Blocks +1